According to a new report, published by KBV research, The Global Polyetheramine Market size is expected to reach $1.7 billion by 2030, rising at a market growth of 8.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,280.0 Hundred Tonnes, experiencing a growth of 6.7% (2019-2022).
The Monoamine segment is registering the maximum revenue in the Global Polyetheramine Market by Product in 2022; thereby, achieving a market value of $723.6 Million by 2030. Monoamine-based polyetheramines are known for their versatility in formulations. Their chemical structure allows for molecular weight and amine functionality customization, making them suitable for various applications. This adaptability attracts industries seeking tailored solutions for specific performance requirements. These factors will boost the demand in the segment.
The Polyurea segment is experiencing a CAGR of 7.7% during (2023 - 2030). Polyurea formulations incorporating polyetheramines demonstrate enhanced chemical resistance. This is crucial when coatings are exposed to harsh chemicals, acids, or corrosive substances. The chemical resistance of polyurea coatings contributes to their durability and long-term performance in challenging environments. As a result, there will be an increased growth in the segment.
The Asia Pacific region is generating highest revenue in the Global Polyetheramine Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $789.4 Million by 2030. The North America region is anticipated to grow at a CAGR of 7.4% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 7.7% during (2023 - 2030).
Full Report:https://www.kbvresearch.com/Polyetheramine Market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Wuxi Acryl Technology Co., Ltd., Qingdao Iro Surfactant Co., Ltd. (IRO Group INC.), Yantai Aurora Chemical Co. Ltd., Zibo Xinye Chemical Co., Ltd., Shanghai Chenhua International Trade Co., Ltd. (Yangzhou Chenhua New Material Co., Ltd.), Yantai Dasteck Chemicals Co., Ltd., Huntsman Corporation, Clariant AG, BASF SE, and Zibo Dexin Lianbang Chemical Industry Co., LTD
By Product (Volume, Hundred Tonnes, USD Million, 2019-2030)
By Application (Volume, Hundred Tonnes, USD Million, 2019-2030)
By Geography (Volume, Hundred Tonnes, USD Billion, 2019-2030)
Companies Profiled
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